Soaring national debt in developed countries could trigger a new global financial crisis, economists warn The uncontrolled accumulation of debt by Western countries, along with social spending and rising climate-change costs, are increasing the risk of a new global financial crisis in developed economies, Reuters reported on Monday.

Meetings with veterans of military operations in Ukraine have become part of the cultural life of St. Petersburg Despite the pouring rain, the main hall of St. Petersburg’s Listva bookstore is almost full. A slim, bespectacled young man dressed in a suit sits in front of the audience. He’s the type of person you could…

Western interests prevent the global body from addressing the current conflict in the Middle East, Russia’s envoy says The work of the United Nations Security Council is being held up by Western interests, Russia’s permanent representative to the UN, Vassily Nebenzia, claimed on Tuesday. His comments came after the council rejected Russia’s draft resolution on…